Big Mac Index
The ‘real’ value of the rand in 2023, according to the Big Mac Index
AGRI NEWS NET · CRA GROUP
January 27, 20235m 48s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Based on differences in GDP per capita, the index suggests the rand is 36.4% undervalued and should be at around R10.94 to the dollar.
Hosted on Acast. See acast.com/privacy for more information.